Sandstone Capital

Sandstone Capital is a growth equity investment firm founded in 2005 and based in Boston, Massachusetts. The firm specializes in long-term investments in both public and private companies, with a primary focus on opportunities in India, as well as investments in the United States and China. Sandstone Capital aims to identify and support companies poised for growth, leveraging its expertise to create value for its stakeholders.

Shlok Dave

Senior Vice President

3 past transactions

Peakon

Series A in 2016
Peakon is a developer of a human resource platform designed to optimize employee engagement and retention by automatically collecting and analyzing employee feedback. The platform delivers real-time insights and suggested actions based on proven strategies from leading organizations. It measures and evaluates employee engagement and satisfaction, utilizing advanced analytics tools and text mining algorithms to provide actionable insights. Peakon supports complex organizational structures and accommodates large employee bases, with feedback submissions possible through various channels, including web, mobile browsers, SMS, kiosks, and a native app. Additionally, the platform is available in over 50 languages, making it accessible to a diverse workforce.

Micromax Informatics

Venture Round in 2010
Micromax Informatics Limited, founded in 1991 and headquartered in Gurugram, India, specializes in mobile phone solutions and wireless technologies. The company designs and manufactures a range of mobile handsets, consumer electronics, laptops, monitors, and tablets, and also provides accessories such as sound systems and power banks. It serves various markets across India, including Ambala, Jallandhar, Jaipur, Lucknow, Agra, Patna, Durgapur, Haldia, Dehradun, and Shimla. The mobile division of Micromax was significantly developed in 2008 under the leadership of Managing Director Rajesh Agarwal.

Tejas Networks

Series D in 2006
Tejas Networks Limited is an Indian company that specializes in designing, developing, and manufacturing optical and data networking products. Established in 2000 and headquartered in Bengaluru, the company serves a diverse clientele, including telecommunications service providers, internet service providers, utility companies, defense organizations, and government entities, both domestically and internationally. Tejas Networks offers a wide range of products, including converged packet optical solutions, enterprise Ethernet switches, and high-density metro core platforms. Their offerings also encompass multi-service provisioning platforms, LTE solutions, and advanced GPON elements for optical access networks. Additionally, Tejas Networks provides software solutions for network management and optimization, along with services such as network planning, installation, and customer support. The company's products are utilized in various applications, including access networks and wireless backhaul, contributing significantly to its revenue primarily from the Indian market.
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